Chinese Shares Extend Gains in Shenzhen, Shanghai Composite Ends Little Changed

Thursday, 14 February 2019 14:18 WIB

Indeks Shanghai CompositeSaham Cina Shanghai compositeChiNextShenzhen Composite Index


Chinese stocks listed in Shenzhen extended gains Thursday afternoon after U.S. President Donald Trump was said to be weighing a 60-day extension to the March 1 tariff deadline.

The Shenzhen Composite Index climbed as much as 1.1 percent, taking its rally in the past five trading days to 10 percent. That's its best performance over such a period since March 2016. The possibility that the U.S. will allow more time for talks before imposing higher tariffs on Chinese goods provided an extra boost to the country's stocks, already lifted by Beijing’s steps to support the market.

Shanghai Composite Index closed little changed on Thursday, edged 0.05 percent down to 2719.70.

Small caps have outperformed since last week’s Lunar New Year holiday as investors flocked to riskier assets, a turnaround from before the break when hundreds of profit warnings rattled the market. The ChiNext gauge of small caps dominated by tech stocks was up 0.3 percent at the close, taking its gain this week to 7.1 percent. The Shanghai Composite Index.

Source: Bloomberg


  • U.S. stocks suffered their worst day in over three months on Monday as China extended the Lunar New Year holiday due to a virus outbreak, fueling worries about the economic impact of containment effor...



Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.